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Chicago Purchasing Managers' Index (PMI)

 

Definition: The Chicago Purchasing Managers' Index (PMI) uses a survey to measure whether Chicago based organisations’ activity is higher than, the same or lower than the previous month. This activity is split into output, purchases, employment, inventories, orders and prices. A reading above 50 is said to signify expansion.

 

 

Additional Info:

Related Terms: Manufacturing PMI

 

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